On Sept. 1, a SpaceX rocket blew up on its launch pad while undergoing routine testing at Cape Canaveral Air Force Station in Florida. SpaceX hasn’t launched one single rocket since the disaster, and now says it won’t resume launching before January 2017 at the earliest.
If you think this sounds like bad news for SpaceX’s business, you’re right. In fact, it’s probably even worse news than you know.